PR87168

AMSTERDAM, Dec. 11, 2020 /PRNewswire=KYODO JBN/ --

    - By collaborating with Adyen on Network Token Optimization, Microsoft saw

positive growth in authorization rates

Adyen [ https://www.adyen.com/ ] (AMS: ADYEN), the global payments platform of

choice for many of the world's leading companies, expands its collaboration

with Microsoft to accelerate payments innovation for both companies with the

launch of Adyen Network Token Optimization. Adyen is one of the first payment

platforms to enable tokenized payments across multiple schemes and to offer

automated optimization of the use of tokens to increase authorization rates. By

adopting Network Token Optimization, merchants like Microsoft are able to

realize significantly more revenue due to increased authorization rates.

Logo - https://mma.prnewswire.com/media/432569/Adyen_Logo.jpg

"Customer experience is at the center of everything we do, and when it comes to

the payments process it's about making it faster, simple and secure," said Matt

Rossmeissl, Vice President of Commerce Engineering Operations at Microsoft.

"Product innovation is at the core of what we do at Microsoft and Adyen's

Network Token Optimization is a factor in driving better authorization rates

and customer satisfaction."

Adyen and Microsoft have been working together since July 2015, starting with

European acquiring. Today, Adyen processes payments for Microsoft globally,

across all Microsoft products and services. Microsoft utilizes multiple Adyen

products in addition to Network Token Optimization, including Real-time Account

Updater to ensure a seamless consumer shopping experience by always charging

the most up to date card. Adyen also supports various local payment methods in

a number of countries for Microsoft, including U.S.-based debit networks, a

more recent Adyen development.

"We always build products with a focus on our merchants and their end

customers, and Microsoft pushes us to help create better global solutions. We

have benefited from Microsoft's consistent desire to provide better experiences

for their customers," said Kamran Zaki, COO at Adyen. "At the forefront of

innovation, the Microsoft team is always willing to act as an early adopter for

many of our new products and features. We work together every day to create

positive shopping experiences for Microsoft customers, and are excited to see

what we will create next."

About Adyen

Adyen (AMS: ADYEN) is the payments platform of choice for many of the world's

leading companies, providing a modern end-to-end infrastructure connecting

directly to Visa, Mastercard, and consumers' globally preferred payment

methods. Adyen delivers frictionless payments across online, mobile, and

in-store channels. With offices across the world, Adyen serves customers

including Facebook, Uber, Spotify, Casper, Bonobos and L'Oreal. The cooperation

with Microsoft as described in this merchant update underlines Adyen's

continuous growth with current and new merchants over the years.

SOURCE  Adyen

CONTACT: press@adyen.com